China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Fincantieri to Build Third Hospitality Vessel for Marc-Henry Cruise

Fincantieri to Build Third Hospitality Vessel for Marc-Henry Cruise

Hapag-Lloyd to Deploy NexusWave Fleetwide

Hapag-Lloyd to Deploy NexusWave Fleetwide

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Subscribe for Maritime Logistics Professional E‑News

Four oil and gas tanks turn back after vessel attacks from the Hormuz Strait
Sources say that China has lifted its fuel export restrictions for July.
After a technical problem, a cargo plane with five people on board lost contact near Karachi